City Commercial Sales – Very low yields for older buildings

 Low yields continue to set new bench marks especially as they are for older buildings. 

Barfoot & Thompson successfully sold the three following examples:

 

112 Queen St City 742 M2 net rent $69,4713 p.a nett. multi-tenancies sold $11.38M (6.1%)

555-563 Dominion Rd Balmoral 671M2 Multi Tenancies.  Rent $89,732 p.a Sold $1.930M (4.65%)

28 Bairds Rd Otara. Several tenants. Development site  Sold $7Million (6.06%)

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